For many seniors, faith is a way of life. Whether that faith is one that has provided sustenance through the decades or is more of a recent discovery, spiritual life tends to take priority as the end of physical life draws nearer.

When crisis happens, we’re often caught off guard. Perhaps your mom fell at home and broke her hip, or your uncle suffered a heart attack in the nursing home. They are rushed to the hospital, and then discharged after a few days of acute care. But what happens when they arrive back at home or their senior living community and are unprepared for life …Read more ›

Continuing-care retirement communities are known to be expensive. They often have not just high monthly fees but also large entrance fees. Nonetheless, CCRCs, which offer independent living along with long-term care when you need it, may be affordable to more people than you think, some residents say.

At The Best Life, residents of a CCRC in Maryland offer various tips for prospective CCRC residents. One point they make is these communities …Read more ›

Certain retirement communities may promise a refund or partial refund of fees once you vacate your residence. But in June, we talked about how some people were having to wait a long time to get that refund because they were only set to receive it once their previous residence was rented out again.

To move into a continuing care retirement community, you usually have to pay a hefty fee. But with many of these CCRCs, you get that fee back after moving out. Whether you do depends on which of three typical contract types the CCRC offers.

An article at the website for The Wall Street Journalexplans a little about these contracts, including what they say about entrance fee refunds.

Instead of buying expensive long-term care insurance, some people are moving to expensive continuing-care retirement communities, The Wall Street Journal reports. But either choice carries risks. Just like an insurance policy needs to be evaluated, so does that CCRC.